This custom payment solution is designed for businesses that
provide a convenient Credit and Debit Card or ACH payment option
for consumers while offsetting their transaction costs. This
solution captures the sale amount and the convenience fee for
authorization and settlement. The convenience fee is
disclosed to the consumer at the time of the transaction with the
option to decline the fee and make a payment via cash or
check.
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eliminating manual processes and automating payment cycles.
Convenience Fee Suite
Models:
BILLER KEEPS THE FEE-
The biller will collect the convenience fee from the
consumer. The convenience fee will be a flat fee set by the
biller to either cover their payment processing costs or generate
income. All standard processing costs are billed to the
biller.
NO COST TO BILLER-
BillingTree will act as a Third-party collecting the convenience
fee from the consumer. The convenience fee will be a flat fee
set by BillingTree based on volume, average ticket and the
market. All processing costs will be absorbed by
BillingTree.